Continuing Iron Age's Century-Long Tradition

Regional Market Reports

Why did prices go up in one city and not in another? Did local steel production increase? What are scrap prices going to do next month? The answers are in these reports.   

 

Pig iron prices continue to rise on strong demand and tight supply

By Sean Barry - April 11, 2018

The price of pig iron in the U.S. continues to post gains as inventories remain thin on the ground and demand for material shows no sign of weakening.
 

 

Chicago market records another strong month in April

By Bill Beck - April 11, 2018

After seeing prime grades up $10 in March and cut grades up $30 to $40, many dealers in Chicago fully expected to see more of the same in April. But those expectations were quickly brought down to earth, and the April market in the Windy City settled at up $10 on prime grades, up $20 on cut grades, and up $5 on turnings. When all the trades were settled, many in the Chicago market were left with the feeling that markets were unlikely to go much higher than they are right now.
 

Scrap prices rise higher in April on robust demand and tight supply

By Sean Barry - April 11, 2018

Due to some technical issues, some of our market reports have been condensed into one market roundup this month. We apologize for any inconvenience. 
 
 

Hamilton market appears to have peaked

By Bill Beck - April 11, 2018

After jumping $24 Cdn for prime grades and $40 Cdn for cut grades in March, the Hamilton market for ferrous scrap pulled in its horns in April. Prime grades were up $7 Cdn, while cut grades increased $10 Cdn. That’s equivalent to $5.50 U.S. for prime grades and $8 for cut grades.
 

Export markets in Pacific Northwest off in April

By Bill Beck - April 11, 2018

In generally quiet trading, export ferrous scrap markets in the Pacific Northwest were off $10 from February prices, while domestic markets stayed sideways for the month. Export markets were sideways last month, while domestic markets were up in February.
 

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